Philippines (1834-37) c/s 2 reales KM-90

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Stack's Bowers 2015 NYINC sale, lot 1390
photo courtesy Stack's Bowers LLC

This specimen was lot 1390 in Stacks-Bowers NYINC sale (New York, January 2015), where it sold for $2,530. The catalog description[1] noted, "PHILIPPINES. 2 Reales, ND (Decree of December 14, 1835, suppressed March 31, 1837 (By Decree of February 1, 1836). Type VI countermark crowned Y.II. within circle. On an 1828-LIMAE JM Peru 2 Reales. RARE host coin and denomination. Countermark with several die chips, one at 12 o'clock with the other at 4 o'clock. Countermark well struck and slightly off center. Evenly worn with light attractive toning. Countermark VF Details, host coin PCGS VF-25 Secure Holder." This counterstamp was applied 1834-37 to Latin American pesos arriving in Manila from the newly independent republics, none of which were recognized by Spain. The SCWC lists over forty different types receiving this counterstamp. Counterstamped minor coinage is rare.

Recorded mintage: unknown.

Specification: 6.77 g, 0.903 fine silver.

Catalog reference: Cayón-unlisted, KM-90; Basso-43 (for countermark type); cf.PNM#16-358; Cacho-Type VI CS-011; Lopez-Chavez Yriarte-Type VI group A; Gil-Crown variety 5-4-1-I (1835).

Source:

  • Basso, Aldo P., Coins, Medals and Tokens of the Philippines, Menlo Park, CA: 1968.
  • Ganzon de Legarda, Angelita, Piloncitos to Pesos, A Brief History of Coinage in the Philippines, Manila: Bancom Development Corporation, 1976.
  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
  • Cayón, Adolfo, Clemente Cayón and Juan Cayón, Las Monedas Españolas, del Tremis al Euro: del 411 a Nuestros Dias, 2 volumes, Madrid: Cayón-Jano S.L., 2005.
  • Calicó, Xavier, Numismática Española: Catálogo General con Precios de Todas las Monedas Españolas Acuñadas desde Los Reyes Católicos Hasta Felipe VI, 1474 a 2020, Barcelona: Aureo & Calicó, 2019.
  • [1]Ponterio, Richard, The January 2015 NYINC Auction: Ancient Coins, World Coins & Paper Money, Featuring the John W. Adams and Ray Czabor Collections, Irvine, CA: Stack's Bowers LLC, 2014.

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